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The Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15 percent of the transaction amount. Additionally, new details of its comprehensive registry of crypto service providers have been announced. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations … Read more
The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details of their interbank digital currency Go to Source Powered by WPeMatico
The National Bank of Kuwait has integrated RippleNet’s blockchain technology to expedite cross-border money transfers Go to Source Powered by WPeMatico
With the New Year around the corner, startups as well as established players in the cryptocurrency industry have announced plans for new products and services. In The Daily today we cover the upcoming premieres of two Mimblewimble-based coins, the planned launch of a low-fee, crypto-based remittance service in Asia, and the intentions of two leading … Read more
A digital currency for remittances and digital payments will be released in March by Japanese giant Mizuho Financial Group Go to Source Powered by WPeMatico
A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal. Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The … Read more
Despite being slow and expensive, international remittances hit high records in 2017. A fintech company says crypto can deliver much-needed improvements #SPONSORED Go to Source Powered by WPeMatico
“No more bank transfer delays.” A digital money platform is offering instant international money transfers for eight cryptocurrencies, 23 fiat currencies, and four commodities #SPONSORED Go to Source Powered by WPeMatico
Ripple’s use for cross-border remittances could soon extend between Japan and Brazil Go to Source Powered by WPeMatico
Japanese insurance company Sompo has partnered with stalwart pan-African crypto-enabled remittance platform BitPesa Go to Source Powered by WPeMatico
